Derek Price

video
play-sharp-fill
KEY Topics Discussed:

  • Relationship Building with Sticky Notes
  • Getting Free from W2 jobs
  • Strategic Action Plan for 4th Quarter
  • Keeping the main thing the main thing
  • K1 taxes strategies discussed
  • Rounding the bases
Christian Faith Level Diagram

video
play-sharp-fill

KEY Topics Discussed:

Assignment is to calculate your Blended Tax Rate. Meet with your tax strategist to see if you can lower it for 2022.

Multi Family Property Discussion

  • Ask many questions – one per email
  • Cap X sample shared
  • T12 and below the line items
  • Checklist with 13 items discussed
  • Book: LifeStyle Investor by Justin Donald LINK
  • Flipping House shared by Rob some of his properties
  • Health markers of the Real Estate Market
    • House inventory
      • Below 3 months – sellers market
      • Above 3 months – buyers market
      • Robert Campbell Newsletter – LINK
video
play-sharp-fill
  • Blended / Effective Tax Rate Review
  • Homework assigned to calculate your blended tax rate for 2021
  • Augusta Rule reviewed
  • Salt Rule reviewed
  • How to underwrite a house flip spreadsheet introduction
  • How to underwrite a multi family spreadsheet introduction
  • REA Local meetings – a great place to attend